BREAKING: Nets Sending Terry, Evans to Kings in Exchange for Thornton

With the trade deadline just over 24 hours away, the Brooklyn Nets and Sacramento Kings have agreed upon the league’s latest deal. The Nets are sending guard Jason Terry and center Reggie Evans to the Kings in exchange for guard Marcus Thornton.

It was reported late on Tuesday that the two playoff-hopefuls were engaged in serious trade talks, before the trade was completed on Wednesday afternoon, according to David Aldridge of TNT.

Thornton, 26, earns $8 million this season and is fully guaranteed at $8.5 million the following season – the final year of his deal. In 46 games this season, the 6’4″ shooting guard is averaging 8.3 points on 38.1 percent shooting, 2.7 rebounds and 1 assist per contest. His numbers are down from previous years, and holds career averages of 13.5 points, 3.1 rebounds and 1.5 assists, while shooting over 43 percent from the field.

Terry, 36 and Evans, 33, combine to make $7.4 million this season. Dealing them saves the Nets $3 million in luxury tax and opens up an additional roster spot. At 24-27, Brooklyn currently hold the seven-seed in the Eastern Conference in what has largely been a disappointing season thus far.

While the deadline is inching closer, there are certainly still trades to be made. The Nets are reportedly going after Los Angels Lakers big man Jordan Hill as well.

Be sure to continue to check Saving the Skyhook for the latest information regarding the NBA and the trade deadline.